PAX Appoints Bharat Vasan CEO

San Francisco, CA (February 8, 2018) —PAX Labs, Inc., a leading consumer technology brand in the design and development of premium vaporizers for dry herb and concentrates, today announced that Bharat Vasan will serve as the company’s CEO. With record demand for its products, PAX has become a bellwether company in a global consumer shift.

“PAX is quickly evolving to represent a movement,” said Vasan. “For our customers, we want to be the gold standard in product quality; for our employees, we want to offer great career opportunities; for our investors, we want to quickly and carefully scale our business to capture an enormous opportunity. Most of all, we want to be good stewards of a product that enhances many people’s lives. I am extraordinarily honored to lead this company.”

Vasan is a veteran of several Silicon Valley technology and consumer electronics companies. He led two venture-backed companies that combined hardware and software — August Home, Inc. (smart home) and Basis Science, Inc. (wearables), guiding both through acquisitions. At Electronic Arts, Inc., he served in mergers and acquisitions, and was the Chief Operating Officer for EA Online. With 15 years of experience in scaling Fortune 500 companies and startups, he is an investor and advisor to several high-growth consumer technology ventures.

“PAX is poised at the precipice of a tremendous growth phase, which is why we are so pleased to bring on a CEO with Bharat’s experience and vision,” said PAX Board Director Matt Bigliardi. “His background in technology and consumer products, coupled with his passion for guiding rapidly-expanding companies, is precisely what PAX needs to continue its growth trajectory and expand its leadership position.”

About PAX Labs, Inc.

Founded in 2007, the company is a leader in portable, heat-not-burn, vaporization technology. Headquartered in San Francisco, PAX Labs has revolutionized the vaporization industry through technology innovation and product design. PAX Labs has sold over one million PAX devices in the dry herb vaporizer category and introduced PAX Era, a connected, app-driven pod system for concentrates, in September 2016. For more information, please visit pax.com.